$MAGIC USDT – STEEP SLIDE CONTINUES! BEARS IN FULL CONTROL
BEARISH MOMENTUM UNBROKEN
NO SIGN OF REVERSAL AS PRICE HITS NEW INTRADAY LOW
$MAGIC USDT continues its downward spiral, falling nearly 7% today with relentless selling pressure. Price has broken below $0.18 and is trading near the session low of $0.1754. All major moving averages (7, 25, 99) are aligned downward, confirming strong bearish structure. This is not the time to catch a falling knife.
Short Trade Setup:
Entry: $0.1785 – $0.1800 (on minor bounce)
Targets (TP): $0.1700 / $0.1640
Stop Loss (SL): $0.1840
Unless strong demand steps in, lower levels seem inevitable.
#MAGICUSDT #ShortSetup #BearishMomentum #CryptoTrading #BinanceFutures